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6min chapter
Brian Feroldi — Spreading Financial Wellness (EP.105)
Infinite Loops
Investing Is Your Own Worst Enemy
Investors, in so many ways, are their own worst enemies. Investing is one of the only fields where the ability, than the willingness, to consistently do nothing is a competitive advantage. Berkshire hathaway has fallen peke the trough 50 %, i think, four times through its history. If you can't honestly say to yourself that you can stomach a 50% drata, you have no business in the stock market at all.
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